Shifl releases fintech product for instant payments

International freight forwarder Shifl announced Thursday it is releasing a fintech solution, shifl.capital, to enable the sending and receiving of instant and free digital payments.

Founder and CEO Shabsie Levy told FreightWaves that providing this service will help eliminate another obstacle that challenges global shipping, as many payment processes can take up to five days to be processed for freight to be released.

“Our industry revolves around payments,” said Levy. “Sometimes they get an ETA...

https://www.freightwaves.com/news/shifl-releases-fintech-product-for-instant-payments

‘Tricky time’ for shipping stocks: Course corrections ahead?

shipping stocks

This will be a pivotal year for shipping investors. Things could go very right or very wrong — even more so than usual.

“It’s an exciting time for shipping from a macro perspective, but we’re in tricky markets,” warned Stifel analyst Ben Nolan during a panel discussion Wednesday presented by New York-based communications and advisory firm Capital Link.

“It’s probably more important now than it has been in the past to time investments and be nimble in entering and exiting,” said Nolan.

What’s...

https://www.freightwaves.com/news/tricky-time-for-shipping-stocks-course-corrections-ahead

UK in focus: parliament dismisses retail CBDC, inflation hits 30-year high

UK in focus: parliament dismisses retail CBDC, inflation hits 30-year high

Thursday 20 January 2022 – Vol.13 Ed.3.4

Commentary: UK parliament reluctant to embrace retail CBDC

By Philip Middleton in London

The influential House of Lords economic affairs committee of the UK parliament has shown itself reluctant to embrace the the digital payments revolution. In a direct snub to the Bank of England and its work on digital payments in recent years, the committee’s latest report, ‘Central bank digital...

https://allaboutshipping.co.uk/2022/01/20/uk-in-focus-parliament-dismisses-retail-cbdc-inflation-hits-30-year-high/

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